Richard - Your Real Estate Professional!


Costs & Typical Expenses

There are many costs that homebuyers incur, especially upon purchasing your home you should expect to pay. Some of the expenses related to buying a home are one-time costs, while others are continuing costs.

Your largest cost at the beginning is your down payment. As a first time buyer, this would likely represent only 5-10% of the purchase price. However , you should be prepared to pay for additional costs , such as 


  • Legal Fees & Disbursements
  • GST and soon to be HST(if applicable)
  • Property or Land Transfer Tax
  • Adjustments (reimbursed to the vendor)
  • Interest
  • Property Taxes
  • Utility Payments
  • Strata Fees
  • Survey Fee
  • Estoppel certificate fee
  • Home Inspection Fee
  • Water quality and quantity certificate (if applicable)
  • Appraisal Fee
  • Mortgage broker's fee (if applaicable)
  • Mortgage Application Fee
  • Mortgage Loan Insurance Premium (if applicable)
  • Mortgage Loan Insurance Application Fee (if applicable)
  • Moving Expenses
  • Renovations and repairs
  • Furniture, paint, carpeting, window coverings, etc
  • Service and Utility Hook Up Fees
  • Property Insurance
  • Deed and/or Mortgage Registration Fee


Additionally, once you have purchased your home, you will incur regular expenses on a monthly, quarterly, or yearly basis. Some of these costs include

  • Mortgage Payment
    Property Taxes
  • Water and/or Sewer Payment
  • Garbage Services
  • Electricity and Gas Services
Contact Richard at (604) 338-8926 for more information!


Phone: (604) 338-8926
Click here to email Richard Le Richard Le - Royal Pacific Realty Corp.

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"We Care About Our Clients."

#550 - 650 West 41st Avenue
Vancouver, BC V5Z 2M9

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